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Robert Rex
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This blog is written by Robert H. Rex, Esq. who is a securities attorney and a passionate advocate for investors rights. With over 30 years of legal experience, 25 of which have dealt almost exclusively with the recovery of stockmarket and investment losses for mostly elderly clients, he and his... More
My company:
Rex Securities Law
My blog:
Rex Investment Loss Recovery Blog
  • Wells Fargo Broker Banned From Industry By FINRA 0 comments
    Mar 11, 2013 4:22 PM

    Writing checks for over $650,000 from a client account without permission resulted in the permanent bar from the industry for Adorean Boleancu, who formerly worked for Wells Fargo Private Bank in San Francisco. FINRA announced the bar in March 2013.

    While neither admitting or denying, Boleancu agreed to repay his elderly widow client the money he had taken and exit the industry. The misconduct started in 2008 while Boleancu was employed by Wells Fargo when he wrote checks from the customer's account, giving some of the money to his girlfriend.

    He was discharged by Wells Fargo for failure to cooperate with the investigation.

    If you have questions about your brokerage account or complaints about losses in your account that you do not understand, do not hesitate to contact us.

    Free consultation.

    Nationwide representation.

    Rex Securities Law

    561 391 1900

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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